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ENDODONTIC SPECIALISTS | 7.5% CAP 6999 McPherson Rd

1,955 SF 100% Leased 4-Star Office Building Laredo, TX 78041 $634,757 ($325/SF) 7.50% Cap Rate

Investment Highlights

  • SPECIALIZED DENTAL PARTNERS (200+ LOCATIONS) | DSO TENANCY | CORPORATE LEASE
  • NNN LEASE STRUCTURE | MINIMAL LANDLORD RESPONSIBILITIES
  • PROXIMITY TO NATIONAL TENANTS + HIGH TRAFFIC SHOPPING CENTERS | ±41,601 VPD
  • 10 YEAR NNN LEASE | 2021 PRACTICE ACQUISITION | 7 YEARS REMAINING | 7.50% CAP | 3% INCREASES
  • SPECIALIZED TENANCY | THE ENDODONTIC SPECIALISTS OF LAREDO | STICKY INVESTMENT | SYNERGISTIC MOB LOCATION
  • LAREDO, TX | BORDER METROPOLIS | ROBUST DEMOGRAPHICS | TOP 10 TEXAS CITY

Executive Summary

Antonio Diona, Michael Moreno & Rahul Chhajed in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $47,607 $24.35
Other Income - -
Vacancy Loss - -
Effective Gross Income $47,607 $24.35
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $47,607
Annual Per SF $24.35
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $47,607
Annual Per SF $24.35
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,955 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2004
Price
$634,757
Price Per SF
$325
Cap Rate
7.50%
NOI
$47,607
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,955 SF
Building FAR
0.01
Land Acres
4.17 AC
Zoning
B3
Parking
70 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Courtyard
  • Signage
  • Kitchen
  • Reception
  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Wi-Fi
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
314059
Land Assessment
$65,605
Improvements Assessment
$266,377
Total Assessment
$331,982
  • Listing ID: 33551751

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 6999 McPherson Rd, Laredo, TX 78041

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